I am thinking that the assays from the core in the photo could be a lot higher than the original 3.8% back in 2015. If that core assays at between 5% and say 8% nickel with good shows of copper, I wonder what that will do to the SP. I am guessing we will receive all assays within the next 2 working weeks. The technical team will be having a re think with regard to all the information obtained from the recent drilling.
No sense rushing in, full of excitement, drilling willy nilly and wasting money. They havn't found the source yet but I believe they might be moving in the right direction. The facts are that Double Magic is located where there is a distinct wet and dry season that curtails progress. We can't do anything about that but if the SP falls away whilst there is no on the ground activity during the wet, then it will provide opportunity to gather some cheaper shares for those who remain confident in success.
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- Ann: Double Magic Ni-Cu Project - Exploration Update
Ann: Double Magic Ni-Cu Project - Exploration Update, page-25
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